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Retailer Launches ‘Micro’ Leases

AutoNation testing six- to 12-month terms in two key US markets.

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Publics Report Decline in New-Vehicle Gross Profits

Analysts predict further declines while auto retailer CEOs predicted sustained gross profits higher than 2019.

AutoNation Reports Sharp Decline in Net Income

Declines in net income and revenue in the first quarter were offset by an 11% increase in parts-and-service business.

Fixed-Ops Revenue Rising

People keeping vehicles longer and driving more miles is increasing parts and service needs.

AutoNation Picks Up Mobile Repair Service

RepairSmith acquisition boosts its offerings and opens up new customer opportunities.

Subaru, Lexus Best Competitors in Reputation Survey

Meanwhile, AutoNation, Hendrick Automotive Group top public, private rankings.

Parts and Services Bounce Back

Most categories of dealership service and parts businesses have recovered from COVID-19 shutdowns, especially customer-pay work.

AutoNation Expects Strong Demand Into 2022

AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.

AutoNation Stock Continues to Rev Up

The automotive retailer’s Q1 2021 adjusted earnings skyrocketed 207% year over year with adjusted earnings of $2.79 per share.

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NADA: AutoNation Chairman and CEO Mike Jackson Talks COVID-19 Impact

AutoNation chairman and CEO, Mike Jackson, discussed safe operating procedures and much more during his appearance on CNBC’s Squawk Box on Sunday, May 9.

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